ARTICLES LABELLED WITH TAG Romania

News Property investments in Romania up 13% in H1 2022
27
Jul
2022

Property investments in Romania up 13% in H1 2022

by Property Forum
The amount of property investments in Romania totaled €336 million in the first half of 2022, up around 13% year-on-year, while solid pipeline of transactions is under negotiation and could be completed by the end of the year, according to a report of real estate consultancy CBRE. 
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News Homes sales in Romania up 3.4% in H1 2022
27
Jul
2022

Homes sales in Romania up 3.4% in H1 2022

by Property Forum
Sales of homes on the Romanian market totaled 85,000 units in the first half of 2022, up 3.4% compared to the same period of last year, according to real estate consultancy SVN Romania. In the same interval, sales in Bucharest and Ilfov county rose by 16.6%. 
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News Industrial leasing in Romania up 50% in H1 2022
27
Jul
2022

Industrial leasing in Romania up 50% in H1 2022

by Property Forum
Leasing volumes in the Romanian industrial and logistics market rose by 50% to 542,000 sqm compared to the same period of last year, with more than half of the activity being generated around Bucharest.
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News One United Properties buys land in northern Bucharest
27
Jul
2022

One United Properties buys land in northern Bucharest

by Property Forum
Romanian developer One United Properties has purchased a land plot of 36,869 sqm in northern Bucharest in a deal worth around €60 million. The company plans to develop a new residential complex with around 900 apartments.
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News Upward pressure remains for building materials’ prices
26
Jul
2022

Upward pressure remains for building materials’ prices

by Róza Hajdú-Molnár
Bogdan Doicescu, Development Director & Executive Board Member at Bog’Art, spoke to Property Forum about the cost forecast for the construction market in 2022 and the company’s plans to diversify their activity with their own residential developments in Bucharest.
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News Alesonor gets financing for green homes near Bucharest
25
Jul
2022

Alesonor gets financing for green homes near Bucharest

by Property Forum
Property developer Alesonor has obtained a financing of €21 million from Banca Transilvania that will be used for the first phase of the Amber Forest project near Bucharest. The money will support the development of 294 green homes. 
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News Element Industrial gets loan for project near Bucharest
25
Jul
2022

Element Industrial gets loan for project near Bucharest

by Property Forum
Romanian developer Element Industrial has secured a loan of €23 million from Alpha Bank Romania for the construction of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West hub. 
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News Romania becomes third largest industrial market in CEE-15
22
Jul
2022

Romania becomes third largest industrial market in CEE-15

by Property Forum
Romania’s modern industrial and logistics facilities stock reached 5.6 million sqm at the end of 2021, which represents the third largest industrial and logistics market among 15 of the biggest economies in Central and Eastern Europe (CEE). 
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News IHG to operate Athénée Palace hotel in Bucharest from 2023
20
Jul
2022

IHG to operate Athénée Palace hotel in Bucharest from 2023

by Property Forum
IHG Hotels & Resorts will operate the Athénée Palace hotel owned by Romanian ANA Hotels under a management contract, starting from 2023. Following the rebranding process, Athénée Palace Hilton will become InterContinental Athénée Palace Bucharest. 
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News Niro Investment Group names new GM
20
Jul
2022

Niro Investment Group names new GM

by Property Forum
Niro Investment Group, the Romanian property investor and administrator, has appointed Anca Simionescu as General Manager, tasked with coordinating and developing the company's investment projects both locally and internationally.
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Latest news


New leases

  • DAAS has leased another 3,600 sqm for a training centre in ELI Park Ploiești. The company’s total leased area in the project has reached 12,600 sqm.
  • Leroy Merlin has leased around 4,000 sqm of office space in Bucharest-based Floreasca Park in a deal brokered by Cushman & Wakefield Echinox. The office project is owned by Resolution Property and Zeus Capital Management.
  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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